SHANGHAI, March 4 - Chongqing Changan Auto Co <000625.SZ><200625.SZ>, a Chinese partner of Ford Motor <F.N>, said on Wednesday that its shareholders have approved the plan to buy back its own Hong Kong dollar-dominated B...
Feb. 27, 2009 (China Knowledge) - Volkswagen AG, the top European automaker, announced it aims to double its annual vehicle sales in China to 2 million by 2018.
Feb. 25, 2009 (China Knowledge) - China's State Council earlier this month approved a stimulus plan for the automobile industry, aiming to cut the number of larges-scale auto-manufacturing groups to 10 or less from the current 14 mainly through mergers and acquisitions (M&As), the China Securities Journal reported today.
Feb. 24, 2009 (China Knowledge) - Guangzhou Toyota Motor, the joint venture between Guangzhou Automobile Industry Group Co Ltd (GAIG) and Japan's Toyota, has recently launched a new Toyota Camry in China and will start selling the new model on Mar.1, sources reported.
Feb. 19, 2009 (China Knowledge) - Dongfeng Nissan Passenger Vehicle Co, a joint venture between China's Dongfeng Automobile Co Ltd<600006> and Japan's Nissan Motor, sold 43,000 vehicles in January, representing a year-on-year growth of 10%, the China Daily reported yesterday, citing statistics from China Association of Automobile Manufacturers (CAAM).
Feb. 18, 2009 (China Knowledge) - Honda Motor Co Ltd (HMC), Japan's second largest automaker, Tuesday posted a year-on-year growth of 16.8% of its passenger car sales in China last month.
Feb. 18, 2009 (China Knowledge) - Changan Automobile (Group) Co Ltd, the fourth largest automaker in China, has recently signed a cooperation framework with Mexico's AutoPark to set up an automobile factory in Mexico, sources reported.
Feb. 17, 2009 (China Knowledge) - BYD Co Ltd (BYD)<1211>, China's largest rechargeable batteries maker as well as automobile producer, sold 24,107 vehicles in January this year, representing a robust increase of 79.8% year on year, or 39.7% compared with that of last December, sources reported.
Feb. 17, 2009 (China Knowledge) - Chery Automobile Co Ltd, the largest private automaker in China, aims to increase its cars sales to 419,000 units from last year's 356,000 units, up 17.7% year on year, the Reuters reported, citing the company's chairman Yi Tongyao as saying.
The Guizhou subsidiary of Poly Real Estate Group Co Ltd<600048> purchased undeveloped land in Wudang district, Guiyang City for RMB 271.5 million on Feb. 11, sources reported.The 448,268 square meter plot will be the site for a comprehensive community for 50,000 people in the capital city of...